“ESAF institutions have enabled the creation of lakhs of job opportunities through micro-entrepreneurs”, said K Paul Thomas, MD, and CEO, ESAF Small Finance Bank, while speaking at ESAF’s foundation day celebration held at ESAF Corporate Office, Mannuthy. He said ESAF has completed 29 years since its inception and ESAF Small Finance Bank celebrating its fourth year.

Former Supreme Court judge, Justice Kurian Joseph inaugurated the event via video conferencing. “In a very short span of time, ESAF Small Finance Bank has been able to fulfill the big dreams of the common people by establishing its inevitable presence in unbanked areas of rural India.” Kurian Joseph commented.

“For the past 29 years, ESAF has contributed much to lessen the income disparity in rural areas. ESAF has also helped several families amidst the uncertainties of the Covid pandemic. The bank has disbursed over 3 lakh Covid Care loans worth Rs 552 crore. The bank has achieved a list of remarkable milestones which includes 45 lakh customers, 527 banking outlets and 286 customer service centers across India in a short span since its inception.

On a founding day, ESAF also introduced a digital payment facility for Sangam members to make digital payments and an application for financial transactions of micro, small and medium enterprises.

Govt Chief Whip Adv. K Rajan, ESAF Financial Holding CMD Marina Paul, ESAF Co-Founder Jacob Samuel, ESAF Small Finance Bank Executive Vice Presidents George Thomas, George K John and Ajayan MG also spoke at the function